India's Patanjali Foods slumps to 3-year low after block deals at a discount

Patanjali Foods

15/07/2026 08:51

** Shares of Patanjali Foods PAFO.NS slump 14.12% to 350 rupees, lowest since May 2023
** PAFO falls as much as 19.47% 
** Set for the biggest intraday drop since June 2024
** Around 6.89 million shares traded in 27 block deals at discounts of between 8.3% and 18.5% over Tuesday's close
** More than 63.5 million shares traded, 22x times their 30-day avg 
** YTD, PAFO down ~37%

(Reporting by Urvi Dugar in Bengaluru)
((UrviManoj.Dugar@thomsonreuters.com;))